Tuesday, November 8, 2011

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http://www.nakedcapitalism.com/2011/11/questioning-italys-solvency-means-ecb-intervention.html

"The crisis we are witnessing now was always going to happen. As much as the ECB resists it now, they have limited choices: monetise or face a global economic collapse. The longer they wait, the worse it will get."

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